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Cryptopolitan 2024-03-13 14:35:36

UK treasury proposes crypto regulation overhaul for smarter supervision

To enhance supervision, combat financial crime, and streamline regulatory processes, the United Kingdom Treasury has unveiled a consultation paper outlining significant changes to money laundering regulations, particularly concerning regulating crypto assets. The proposed amendments, stemming from a review of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs),

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